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. >>> abe time time this morning for a telephone call with u.s. president barack obama. they talked about meeting next month in washington. it would be abe's first foreign visit after forming a new government. he's made strengthening the japan-u.s. relationship a priority. we have more from washington. >> people in the obama administration place a high priority on stability in the asia-pacific. they have been troubled by increase in tension between japan and china over which country owns the islands in the east china sea. and they're concerned the conflicting flames allowed to fester, it could unsettle the dynamic in the region. they want to see security policies and sophisticated diplomacy to calm the situation. u.s. leaders are worried of being drawn into a military confrontation because of their alliance with japan. >> our message to the new japanese government is the same assed to former japanese government, is that we want to see both japan and china avoid provocative acts. we want to see them talk to each other and work this through by dialogue. >> reporter: now japan is tied up in
. we are learning u.s. forces could soon be headed to the syrian border. their mission part of nato's plan to put patriot missiles at the line between turkey and syria. those patriots are designed to intercept any potential missiles coming from syria. and defense officials say any country that sends its equipment is likely to send their own troops to operate it we're told no one has signed deployment orders officially just yet. it's almost certain at this hour u.s. troops will be on the move. there is absolutely no indication our fighting men and women would cross into syrian territory. but the pentagon has told the obama administration it would require more than 75,000 soldiers to secure syria's chemical weapons stockpile. it's impossible to say exactly how much that would cost. but the price tag for that sort of operation could easily run into the billions of dollars. now, again, there is no indication at all that such an operation will happen any time soon. all this coming just days after president obama warned the syrian regime of consequences if it turned chemical weapons on it
about late in life was his role in the u.s.-mexico border of 1846. grant said at the time i do not think there was ever more wicked were then that waged by the united states of mexico. i thought so at the time when i was the dexter, only i had not moral courage enough to resign. during the time of the u.s.-mexico war, i just found this are really moving "which is why it took it for my title. the fact of the matter is grant was not alone in thinking that the u.s. invasion of mexico was somehow wicked. wanted to talk about in this book and tonight is the evolution of the american public during the course of the u.s.-mexico war from being with it -- really enthusiastic and in favor to largely turning against the war. i see the u.s.-mexico war as the moment of america's first antiwar movement actually coming into being. there was anti-war sentiment during the revolution and certainly during the war of 1812, but that sentiment was limited. what you see happen is a consensus across the board. people from different regions of the country, soldiers in the field to officers, politicians, all the
on the first part of that. >> democracy now! questions u.s. climate negotiator jonathan pershing about criticism of the failure to do more to cut emissions and save the planet from catastrophic climate change. we will speak with ronny jumeau and martin khor of the south centre in malaysia, and then anjali appadurai. >> you have been negotiating my whole life, you have failed to meet targets and a broken promises. >> a year after calling on world figures to do more to save the planet, the 22-year-old american college student was banned from the climate talks here in doha for the first week. she joins us today h. then we look at how the koch brothers are influencing climate policy.politic this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the death toll from a massive typhoon in the southern philippines has doubled to more than 270 people. typhoon bopha is the most southerly typhoon ever recorded in the western pacific and the strongest to hit the philippines this year. 80,000 people have been forced to flee their homes. we will have more from doha after
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
to talk about today is my most recent book, "a wicked war: polk, clay, lincoln, and the 1846 u.s. invasion of mexico." the title dream to is taken from a quote from ulysses s. grant. from the thinnest i've come across back in everything he did then in his career and this number as he writes frankly about experiences he's had, the good in the bad and it makes for good reading. but one thing that grant spent some time together talking about in his life was his role in the u.s.-mexico war of 1846. grant said at the time, i do not think there is a more wicked words and outraged by the united states and mexico. so at the time when as a youngster, only he had not wrote urging us to resign and grant during the time that the u.s.-mexico war was a young lieutenant. i found this a really moving quotes so he took it from a typo. the fact is grant was not allowed in thinking the u.s. invasion of mexico was somehow wicked. one thing i talk about in this book and tonight is the evolution of the american public during the course of u.s.-mexico war, which is not about word by any means from being really t
korea telex its first female president. she has pledged to help the ailing economy. >>> u.s. president barack obama says he wants concrete proposals on gun control presented to him by the end of next month. >> after the school shooting and connecticut, president obama said he was prepared to put the full weight of his office behind this issue. we now know how he plans to do that. these are the victims, three more children buried in newtown, conn., today, a teacher who tried to save them laid to rest as well. now politicians are talking about how to prevent another mass killing of children in their classrooms. >> we have a deep obligation, all of us, to try. >> not president obama has put vice president joe biden in charge, saying that he will outline his proposals next month. >> the good news is there is a growing consensus to build on, with a majority of support banning the sale of military- style assault weapons, a majority support the ammunition clips. that the president says that gun-control legislation will be part of it, but he is not saying, and nobody asked, if he is considerin
exchanging views with ambassadors from japan, the u.s., china and russia. she has already started moving to form her government. she'll meet with members of the present administration to go over issues. a transfer commission will finalize her policies. then in february she'll officially become the first woman in south korea to be president. >>> voters in south korea thought about the power of conglomerates when they cast ballots. many are frustrated that the big business blocks are elbowing out small and medium-size companies. they want their next president to level the playing field. we'll take a more in-depth look into that issue on friday. >>> japan's next leader has been dialing up the pressure on central bankers. he says they need to do more to shore up the economy. officials at the bank of japan emerged from two days of meeting and agreed to pump money into the economy for the fifth time this year. policymakers decided to add 10 trillion yen or $120 billion to the bank's asset-buying program. they plan to add $60 billion to buy up long-term government bonds. they will spend another
of the world if the u.s. fails to reach a deal? the u.s. is the world's largest economy, so it performance affects the other economies. -- so its performance affects the other economies. u.s. consumers will not have cash to spend on products from the big exporters. eu countries would be weekend in their fight against the financial crisis across the eurozone -- be weakened in their fight against the financial crisis across the eurozone. one economist says it is likely that president obama will negotiate a temporary deal. >> the importance of the u.s. this cliff is extremely -- u.s. fiscal cliff is extremely high. the main growth engines are firstly china, which will grow at about 8%. the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i t
, and the 1946 u.s. invasion of mexico." the title, "a wicked war", is taken from a quote from ulysses s. grant. from late in his life, grant look back on his career and in his memoir he writes about the experiences that he had, good and the bad. it makes for good reading. one thing that grant spent some time talking about leaving his wife with his role in the us-mexico border of 1986 -- 1846. >> i found is a very moving quote. the fact of the matter is that grant was not alone in thinking that the u.s. invasion of mexico was somehow with it. one thing that i talk about in this book and i will talk about tonight is the evolution of the american public during the course of the u.s. and mexico war, from being really enthusiastic to largely turning against the war. i think the u.s. and mexico war of the moment of america's first antiwar movement actually coming into being. so there was antiwar sentiment during the revolution, and certainly during the war of 1812. that sentiment was limited. what you see happening in 1847 is a consensus, really, across the board. people from different regions of th
within the u.s. and the west and libya was a time which i had lived as a junior diplomat from 2004-2006 when a small group of us were sent to tripoli to basically laid the foundation for picking the embassy. i, you know, spend a lot of time in the middle east, sometimes i wonder whether i should a steady japanese like when i was in college because the degree of change ability, it's a drama continuing, but there's a certain something about the region and the people and the disparate culture which is really quite gripping and the more that you get into it the more you become passionate about it. i'm simply very passionate about libya. essentially some of the reflections that i heard, the commentary that was made to me while i was posted in libya were basically driving desire to write this book because a number of people came up to me. very surprising in different contexts, different taxi drivers, police to make lots of money as middlemen between the regime and the private sector, former mark -- former monarchy, people who have been parliamentarians' back in the 60's said, look, we un
to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pe
with u.s. president barack obama. they talked about meeting next month in washington. it would be abe's first foreign visit after forming a new government. he's made strengthening the japan/u.s. relationship a priority. nhk world has more from washington. >> people in the obama administration place a high priority on stability in the asia-pacific. they have been troubled by increasing tension between japan and china over which country owns the senkaku islands in the east china sea. their concerned thathe conflict i claims allowed to fester could unsettled dynamic in the region. they want to see policies and sophisticated diplomacy to calm the swaituation. they're drawn into military confrontation because of their alliance with japan. >> our message to the new japanese government will be the same as the message to the former japanese government, which is that we want to see both japan and china avoid provocative acts. we want to see them talk to each other and work this through by dialogue. >> now japan has stirred up another territorial dispute with south korea. u.s. official want up
. that is how long u.s. lawmakers have to reach a deal or go over the fiscal cliff. for weeks, the combination of tax increases and spending cuts has been the ultimate political football in washington. there is little sign of any holiday good cheer. >> in washington, the fiscal cliff a stalemate remains. >> the latest on the fiscal cliff. >> the ugly phrase that is on everyone's lips, fiscal cliff, is what america could tumble off and 11 days. it means that if the president and congress cannot agree on a plan to sort out finances, there will be automatic savage cuts and brittle tax rises. neither side is budging much. >> it is very hard for them to say yes to me. at some point, they have got to take me out of it and think about their voters. >> four weeks, the white house said that if i move on rates, they would make substantial concessions on spending cuts and entitlement reform. i did my part. they have done nothing. >> it would mean automatic spending cuts worth more than a trillion dollars. taxes for the average household would go up by about three and a half thousand dollars. most economi
talks on the u.s. budget crisis. >> the annual chaos computer club conference gets under way in hamburg with organizers warning that government internet surveillance is a growing threat. the international convoy for syria made a proposal in damascus where he is delivering talks. >> he will also be holding discussions in moscow as russia steps up its role in helping to find a political resolution to the conflict. the russian parliament says time is running out for damascus. >> it was a high-level meeting between syrian diplomats and the russian foreign minister. he made moscow's line clear -- the crisis has to be solved through political dialogue between the warring parties, but there was no mention of any new proposals to bring about that objective. the foreign ministry denied reports of a new peace plan from russia and the u.s. >> this plan does not exist. that is why it is not being discussed. with mr. brahimi and our american colleagues, we are trying to find a solution on the basis of the peace plan that was agreed upon in june. >> the geneva agreement calls for a cease-fire and the
. congress had trouble putting together a deal. now the u.s. may be heading for the fiscal cliff. what does that mean for you and your investments? we have the jobs report today for a brief moment. we weren't worried about the fiscal cliff. now, we are back. what do you make of it? >> the jobs report was okay. there are some signs of very modest improvement in jobs. the good news is we have not really lost momentum and i will put that in the victory column. from a very short-term perspective, it is the fiscal cliff that is on everyone's mind. consumer sentiment is starting to decline. that suggested everyone seems to be focused on the fiscal cliff. when you are focused on uncertainty, what do you do, you do nothing. those are the major implementations for the economy. cheryl: i can hear the hesitancy in your voice. a lot of our guests are saying the same thing. they are afraid of what washington will do or maybe not do. your outlook is a bit more bullish than some of your colleagues. what are you saying in the second half of 2013 that others are not? >> on a very short-term basis, we have n
if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out
in the u.s., but we did it and we were condemned by the u.s., the state department. we were condemned by the u.n. years later, people appreciated the grave issue he took was for the benefit of the american people. because then you invade iraq come you are able to go into iraq without the risk of the iraqi nuclear. thus go back to 1973. i'm sure some jewish people and the audience and for us, the jewish people yom kippur is the holiest day of the year, where we go to the shore, we pray 1973 turn yom kippur. even though i thought i knew everything before i wrote the book. when i was doing the research i learned myself a lot. i found out 1973 congress by surprise, were almost an appointment would've lost the war. in the middle of the war, we can go to the sea. it's not the war in vietnam or afghanistan. it means rout of the game to make it to a crucial point in the first day of the war that we were invaded from both france and in washington sent a telegram to the embassies, which is not far away and i might telegram there was a message from kissinger, secretary of the state department, t
the u.s. will reach its federal borrowing limit on new year's eve, threatening the same default that was narrowly avoided last year. in a letter to lawmakers, geithner vowed to take extraordinary measures to avoid a new default but said any remedies would only be short- term. the u.s. has acknowledged for the first time a carried out a september drone strike that killed 11 people in yemen. the victims were packed into ain truck on a desert road in a town of radda when they're struck by a missile. the washington post reports the yemeni government tried to hide u.s. responsibility for the attack by taking credit for carrying it out. the yemeni government also initially claimed only militants were killed in the strike, or forced to withdraw that claim after mourners tried to bring the dead bodies to the gates of the presidential residence. according to the washington post, the attack has devastated the community and militants in surrounding areas have gained more recruits for their fight against the u.s.-backed yemeni government since it occurred. diplomatic cables released by wiki
it plan b. tax cut aimed atmi keeping the u.s. from the fiscal cliff. the plan is expected to be rejected by the senate. if the parties cannot agree by the end of the year, many are predicting chaos. >> it is an exercise in republican vote counting that will not result in anything for the american people. it cannot pass the senate. the president would veto it if it got to his desk. plan b, which is the only thing the house of representatives and the republicans are focused on now, a multi day exercise in utility, at a time when we do not have the luxury of exercises in futility. >> president obama and senate democrats have not done much of anything. their plan b is to slow what does over the fiscal cliff. for weeks they said they would make substantial expansions on spending cuts. i did my part. they have done nothing. >> the stalemate is moving the u.s. economy towards a so-called who fiscal cliff if agreement cannot be reached. it is expected to cause the economy to shrink close to 4% of gross domestic product. some fear it will lead to a recession. many economists are calling for a lon
businesses major corporations. what can we do for you? >> and now, "bbc world news." >> can u.s. politicians reached a deal to stop tax rises in spending cuts from damaging the american and the global economy? hillary clinton is being treated at this hospital in new york. she has a blood clot. there's concern over the health of the venezuelan president who has suffered complications after cancer surgery in cuba. walk into bbc world news. coming up, and look back at the british troops as they prepared handover to afghan forces. new zealand becomes the first major city to welcome 2013. time is running out for politicians in the united states to strike a deal to prevent the economy from going over the so- called fiscal cliff. that is when a package of automatic spending cuts and tax rises comes into fact which could set the country back into recession. that less than 20 hours into the generate the first deadline. >> as night descended on washington, no deal precentors went home with a low over 24 hours to go before the huge austerity package known as the fiscal cliff, something almost nobody wa
it in perspective. the euro/u.s. dollar didn't move that much whatsoever. from that point of view, i don't think that we just have to look at today or the last two days of development in euro/u.s. dollar. of course, global trade is really important for the german economy. it continues to be very important. even from a private consumption point of view, we did have quite a bit of support as of late. also because of the wages. and looking at the world bank report, also looking at the asian economies in 2013, 2014, them seeing a little better picture is very good for the german economy and not to speak about the turnaround in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a
of libya's ire -- ire veal -- irrelevance of u.s. policy. go back to the libyan's fate, one, the u.s. relations with lip ya has been, you know, u.s. has always looked at libya as something of a strange creature that we could use for certain -- as a piece, of a strategy that had to do with the region as a whole. it was never looked at -- it was never seen as an object in and of itself. could start with the relation of the soviets, the eisenhower doctrine, and the united states' desire to push back soviet influence. libya was desperately pleading for u.s. attention back then, for aid, to get itself together, to stand on its own feet. this was before the discovery of oil, and the u.s. took a, well, you know, you're not really important as e just a minute, for example, and, you know, we'll think about it, and the result was that the prime minister of the time, you know, basically devised a plan to court the soviets and see if he could grab the united states' attention, and that happened. the next, you know, major event was the libya's and gadhafi's successful bid to change drastically th
whose founding president is currently serving a two-year sentence. u.s.-backed rain monarchy banned all public demonstrations earlier this year. new figures show the obama administration has conducted more than 200,000 deportations of parents with children who are u.s. citizens over a period of about two years. according to federal data, nearly one-quarter of all deportations from july 1, 2010 to the end of the september for issued for parents with u.s. citizen children. colorlines reports the data appears to dash hopes that new guidelines issued for deportations last year would curb the separation of families by immigration and customs enforcement. the prosecutorial discretion guidelines instruct ice agents to focus on certain immigrants, including those with criminal convictions, and to consider a person's ties to the country and "whether the person has a u.s. citizen or permanent resident spouse, child, or parent" when making deportation decisions. a group of new jersey residents who say they're subjected to surprise pre-dawn, immigration rates has reached a settlement of the federal
killed in a u.s. drone strike in the pakistani region of north waziristan. the attack targeted a home with a pair of missiles. pakistani intelligence says the victims were suspected militants. the syrian government is accusing western leaders of drumming up support for foreign military intervention by invoking a month on fears of chemical weapons. this week, president obama warned president bashar al-assad against chemical weapons, about an unspecified consequences. speaking to leaders in brussels, hillary clinton followed suit. >> our concerns are that an increasingly desperate assad regime may turn to chemical weapons, or may lose control of them to one of the many groups that are now operating within syria. so as part of the absolute unity we have on this issue, we have sent an unmistakable message that this would cross a red line. those responsible would be held to account. >> in response to the threat, assad's regime has assisted it will not use chemical weapons against its own people, calling an assertion to the contrary to a pretext for intervention. >timothy geithner is says t
, the overseas applications of you as two activities either a director in significant effect in the u.s. commerce for the potential for evasion. we support the goals of title vii which provide great transparency and increased oversight of the swaps market. there is growing concern of the cftc and divergence and the sec regarding the process and timing in the house slots and security base wipes are a furry and declines. as the committee is aware, the industry is facing quickly approaching the highest deadline. without the benefit of final payments with the international scope of these rules. the lack of clarity related to the rules cross-border application manifests itself in particular with respect to three aspects. the cftc sdc to more pressing concerns with the requirements. the first is to has to register as a swap deal or. given the nature register, firms of which make decisions if i look so as to which entities to register with the cftc. making these decisions without being fully informed to the rules that apply in literal take to comply and position untenable love love and predict ability.
at the united states. after the launch that happened during the newscast last evening. u.s. officials say there will be consequences. they report this is video of watching the launch at command center. the three-stage rocket is similar to one to carry warhead to california. but the north is long way from pulling off the nuclear attac attack. this rocket carried weather satellite but the launch itself violates all kind of united nations resolution. >> the international community has to continue to make clear that there won't be any benefit for north korea in this. and on the contrary, that there will be consequences. >> shepard: no word on what the consequences might be as usual. by the way, analysts say north korea spent more than $1 billion on the last two rocket launchs. enough to feed the country for a year. that country is very hungry. jennifer griffin at the pentagon tonight. where was this headed? >> reporter: well, remember, the pentagon was tracking this with egypt radar. the u.s. navy moved several warships in to the pacific. with that radar on board. they were watching. waiting
finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this
has warned u.s. lawmakers, they have a duty to solve. we sat down with her here in washington. >> christine lagarde, the fiscal cliff, how concerned are they about the ramifications? >> people around the world are concerned about it. it appears to be the case there was more concerned about the eurozone than the fiscal cliff. now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in
for you. >>> the u.s. is set to go over the fiscal cliff in five days. that means taxes will go up for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is
schwarzkopf a little- known u.s. army general looking to retirement. then saddam hussein invaded kuwait and norman became a household name. he turned into the face of the u.s.-led counterattack called youoperation desert storm. >> let me put it this -- it will take as long as it takes for a iraqis to get out of kuwait and the united nations resolution to be enforced. >> the campaign culminated in a massive ground offensive, routing the iraqis in 100 hours. >> the navy has been told to get out of the war completely. >> was norman schwarzkopf a west point graduate who spent his whole career in the army. he was a war hero in vietnam, where he earned three silver stars, three bronze stars, and two parts. president george h. w. bush presented him with the medal of freedom for service to his country. president bush called norman schwarzkopf "a true american patriot." in retirement, he declined calls to run for office, devoting himself to public speaking and charity work. he leaves his wife and three children. norman schwarzkopf was 78. >> this morning former president george h. w. bush remain
speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. "outfront" tonight, the magic number after a whole week of harsh words here in washington and threats too, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going t
an unmanned american drone after they say it came into restricted airspace. u.s. officials say they have accounted for all the drones. we are live in the middle east straight ahead. >>> in 28 days your paycheck will get smaller. in 28 days your taxes will go up. coming up, a new proposal from republicans to keep us from plunging over the fiscal cliff. >>> three storms in one week. the west coast is getting hammered by rain. a live report minutes away for you. good morning. welcome to "early start" this tuesday morning. i'm christine romans. >> i'm zoraida sambolin. it's 5:00 a.m. in the east. >>> we begin with breaking news. iran claiming it has captured a u.s. drone. this is video from state television in tehran it shows two revolutionary guard commanders examining what appears to be an intact scan eagle drone. we don't know if it's the one they claim they captured. moments ago a u.s. defense official told barbara starr the u.s. navy has fully accounted for all unmanned vehicles operating in the middle east region. we have the latest developments now from cairo. a u.s. source says that
to new york and take a look at housing figures in the u.s. it looks like the real estate sector may be moving on up. here in london, will be picture be so optimistic? mortgage and retail figures out later this morning should give us an indication. >>> plus, in a global exclusive, cnbc's geoff cutmore speaks with alex ushmanov on his return on facebook, and his outlook for the xwloeshl economy. >>> welcome back to the program. it's been a busy year. after 12 months of uneven growth, the prospects for 2013 look equally uncertain. billionaire investor and russia's wealthiest man alisher usmanov told cnbc's geoff cutmore that rebalance of growth is need. >> 2013 will be a year where we need to search for solutions. there is a big discussion going on about the state of the global economy. everyone is involved in that debate, in that discussion about wa to do. governments, central banks, economists, businessmen, scholars. so as far as i'm concerned, what really worried me and what i think is the real cause of the uncertainty is the enormous disparity that exists between the various moneta
of u.s. officials, the belief that's happened. we'll talk it over next.  >>> welcome back. we have important breaking news to tell you about right now. nbc news is reporting u.s. officials say their worst fears have been confirmed that the syrian military has loaded chemical weapons inside bombs. nbc says those same officials say bashar al assad's forces are awaiting final order to use those loaded missiles against syria's own people. this video posted online, which we can't independently verify, purports to show syrian missiles that have been modified to carry chemical and biological weapons. obviously, this is a sobering development in a situation that seems to be getting worse by the day. pentagon correspondent barbara starr joins me now, along with cnn contributor and former cia officer bob baer and on the phone, fran townsend. barbara, i know you're working to confirm this nbc report. how much would this change the situation? if u.s. military is going to act to prevent assad from gassing his own people, it would seem, if they loaded this stuff into weapons, the time to do
. the longer this goes on, the bigger that challenge is. >> is your warning for u.s. action or action in conjunction? >> the secretary is urgently meeting with russian representatives and lots of elements of the state department are meeting with our alies. the potential for recognition of the new syrian national council is something we would be doing, a step our alies have taken. i commend ambassador ford for their leadership on the plementic side to deal with this grinding, painful, two-year-long conflict. the differences are far less important than the commonality, which the president has made a clear declaration, which we will back. thank you. captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> you are going to hear from senator leiberman at the foundation for defense of democracy. they are hosting a forum called "dictators and dissidents." we'll take you live to the event with remarks from incoming chairman ed royce and senator bob casey and talking about syria and tensions in iran coming up in a few minutes. we will b
alarmed people in neighboring countries. senior officials have met with their u.s. counterparts to coordinate their response. south korea's chief nuclear negotiator and the head of the japanese foreign ministries headed to washington. they met with u.s. special representative on north korea, glen davies. they will continue diplomatic efforts until the last minute. >> translator: we also agreed that the international community should take firm action if north korea goes ahead with the launch. >> sugiyama said he hopes to visit beijing to discuss the matter with chinese officials. >> they're ignored warnings over the year when they went ahead with a launch that ended in failure. covering the korean peninsula, we see why leaders in the north are pushing ahead despite opposition. >> reporter: the ballistic missile launch will be the second since kim jong-un took power a year ago. it will use the same launch pad, a site in the northwestern part of the country. before the first testing, officials said the three-stage rocket was meant to carry a satellite. but japan and the u.s. and so
represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there. we need more m. & a in this cup. >> you are saying they are notgt
-- >> in the u.s., president obama makes a last ditch attempt to find a budget compromise. >> in the angry and protests in the streets of regain rate. doctors warn the victim's condition is getting worse. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being s
to fishermen about the increasing dangers of working in disputed waters. >> u.s. president barack obama says he still hopes congress can reach agreement to avoid the so- called fiscal cliff. obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically self-inflicted wound to our economy. >> the president said he was modestly optimistic that the january 1 deadline for the fiscal cliff could be averted, but that is contingent on a vote in the senate on a compromise bill, and that will have to get an up or down vote. there is a majority for that, with some tax increases for upper-income people. the question is what level would be acceptable to republicans. more crucial to that is, w
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